Study: World's uber-wealthy still crave luxury
New York—Despite increasing costs and financial market turmoil, the world's high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (Ultra-HNWIs) continued to seek luxury items...
Salon Prive Dubai, About J form strategic alliance
New York--The world's elite jewelers and luxury timepiece designers and manufacturers will gather in Dubai, United Arab Emirates (UAE), from Oct. 18-21 to attend a by-invitation-only fine-jewelry...
ICA launches colored-gemstone show in Dubai
New York—In line with efforts to create a new colored-gemstone trading hub in the Middle East, the International Colored Gemstone Association (ICA) is launching the ICA International Gem Fair...
Ferrari Perpetual Calendar Engineered by Officine Panerai wins
The Ferrari Engineered by Officine Panerai Perpetual Calendar was honored as the Best Special Edition at the Middle East Watch of the Year Awards 2007,ConnectingWatches.com reported. Details relative...
Bulgari loses some luster
For the first quarter, Italian jeweler Bulgari reported an increase in sales to $358.3 million—a figure which fell short of analysts expectations of $365.7 million, Forbes.com reported. The...
Thai jewelry industry eyes Dubai market
Bangkok, Thailand—Thailand, one of the world's leading gem and jewelry producers, is looking to add the Middle East to its growing list of export frontiers, based upon the region's high...
Luxury jewelry show to launch in Dubai
Dubai, United Arab Emirates--Dubai, the crossroads for an ever-growing luxury goods market, will play host to a new, by-invitation-only jewelry show set to debut next year.
Couture show sees increased exhibitors, attendees
New York—During a year of low turnout at the jewelry shows, organizers of the high-end Couture show have reported attendance levels nearing 4,900, a record high for the show.
U.A.E. minister of economy to speak at ICA Congress
New York—Sheikha Lubna al Qasimi, the United Arab Emirates' minister of economy, will give the keynote address when members of the colored-gemstone industry meet in Dubai, United Arab Emirates,...
Gold demand rises in 3Q despite high prices
New York—The ongoing financial crisis directly impacted the global gold market in the third quarter of 2007, with investors rather than jewelry buyers pushing total demand to a new record of...
ICA to launch gem bureau in Dubai
New York—Like their diamantaire counterparts, colored-gemstone dealers are gravitating toward Dubai, United Arab Emirates, as an important new frontier for business operations.
IDL to have retail focus
Dubai, United Arab Emirates—The International Diamond Laboratories (IDL) has announced the appointment of Samit Bhatta as general manager for India and the Middle East, underlining the new...
IGI expands educational offerings in Middle East
Dubai, United Arab Emirates—The International Gemological Institute (IGI) will be strengthening its already-firm presence in the Middle East by expanding program offerings at its school in...
Damas, IDL partner on exclusive diamond cut
Dubai, United Arab Emirates—Damas Jewellery has signed an exclusive partnership with the International Diamond Laboratories (IDL) to market its branded "Damas Cut" with certificates from the...
478-carat diamond lights up Dubai conference
Dubai, United Arab Emirates--A nearly 500-carat rough diamond recovered from a mine in Africa earlier this year made its public debut--and received its official name--during a press conference on...
As U.S. economy slows, India turns to Middle East
Mumbai, India—Although the United States remains India's No. 1 market for jewelry exports, the country is not about to let its jewelry industry suffer in the wake of the U.S. economic slump.
Binda brings D&G jewelry stateside
New York—A year after launching D&G Time watches in the United States, distribution firm Binda has inked a deal to do the same with the fashion company's jewelry line.
Prices, economy, to drain gold jewelry demand
Historically high gold prices and increased volatility in the market coupled with the economic downturn will have a dramatic impact on global gold jewelry demand in 2009, according to precious-metals...
New jewelry pays homage to Marie Antoinette, 40s film stars
Middle East retailer Damas is showcasing the latest collections from Italian brand Calgaro, World Gold Council reported. The extravagance of Marie Antoinette can be seen in the gold bows of the...
Yellow diamonds are top lot at Christie's New York sale
New York—Christie's New York's "Important Jewels" auction brought in more than $8 million, with 92 percent of the 252 lots selling.